Glencore plc (LON:GLEN)
United Kingdom · Delayed Price · Currency is GBP · Price in GBX 515.70
+11.10 (2.20%)
Nov 11, 2026, 5:03 PM GMT
Glencore Stock Forecast
Stock Price Forecast
According to 20 analysts polled by S&P Global, Glencore stock has a consensus rating of "Buy" and an average price target of 680p. The average 1-year stock price forecast is 31.83% higher than the current stock price, while the lowest is 539p (+4.50%) and the highest is 787p (+52.60%).
Price Target: 680p (+31.83%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Glencore stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 11 | 11 | 12 | 12 | 12 |
| Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Hold | 6 | 5 | 4 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Total | 19 | 20 | 20 | 20 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains 705p | Buy | Maintains | 705p | +36.71% | Nov 2, 2026 |
| RBC Capital | RBC Capital | Buy Maintains 650p | Buy | Maintains | 650p | +26.04% | Oct 31, 2026 |
Unknown Analyst Berenberg Bank No rating | Berenberg Bank | Buy Reiterates 780p | Buy | Reiterates | 780p | +51.25% | Oct 30, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains 720p | Buy | Maintains | 720p | +39.62% | Oct 30, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Upgrades 510p → 730p | Buy | Upgrades | 510p → 730p | +41.56% | Oct 14, 2026 |
Financial Forecast
Revenue This Year
334.17B
from 247.54B
Increased by 35.00%
Revenue Next Year
298.07B
from 334.17B
Decreased by -10.80%
EPS This Year
0.61
from 0.20
Increased by 205.71%
EPS Next Year
0.64
from 0.61
Increased by 5.08%
EPS and Forward PE are based on non-GAAP adjusted numbers.